27 May 2018 | 14 replies
@Michael Randle Essentially ground rent is an antiquated system whereby one person (or entity) owns the right to collect ground rent fees.
16 May 2018 | 0 replies
Example (Buy & Hold):Purchase price: € 150.000,00Downpayment: € 35.000,00Additional cost for buying: € 25.188,00 (legal, tax, agency fee, cleaning, mortgage fee)Renovation cost: € 10.000,00Monthly Mortgage Payment (PI): € 487,34 (annual interest € 2.267,28, annual principal € 3.581,91)Tax on income: flat 21%Total annual operating income: € 16.111,20Total annual operating expense: € 6.060,00Question:How do you calculate cash on cash return (ROI)?
16 May 2018 | 2 replies
Should I finance $16k of fees or just pay it?...
21 May 2018 | 9 replies
.- Purchase price - $156,000- Various funding fees - ~$8,000- Interest - 4.25%- Monthly payment ($0 down) - $1039.01- Cash to close (including prorated May rent due from tenant on other side) - $2,125- Rent from tenant on other side - $900/month (they've been good tenants for 3 years so I'm not raising rent.
17 May 2018 | 3 replies
Hi BPI wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs).
4 July 2018 | 6 replies
In my market, I am competing with a couple brand new buildings that are offering $0 fee’s (they have a leasing office, so no realtor fee’s).
22 May 2018 | 7 replies
Hi BPI wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs).
26 May 2018 | 6 replies
I will second @Michael Bishop comment that there's always room for participating in the general partnership equity stack when finding or bringing capital to the deal.
24 June 2018 | 3 replies
If you need the money and want to sell without hassle and paying agent fees.. dude just let me know man.
24 May 2018 | 8 replies
Not all properties have an HOA/maintenance/common charge fees.